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Hayden Homes Joins Forces with Washington Trust Bank

Northwest Home Builder Aligns with Largest Private Commercial Bank in the Region

Redmond, Oregon — Effective February 7, 2014, Northwest homebuilder Hayden Homes will shift from private, in-house lending to join forces with Washington Trust Bank as their preferred lender, to achieve the unprecedented growth they have forecasted for the coming decade.

With a collective tenure of 137 years doing business in the Pacific Northwest, Hayden Homes and Washington Trust Bank are private, family-owned companies with an unwaivering focus on community service. As the preferred lender for Hayden Homes in Oregon, Washington and Idaho, Washington Trust Bank will provide customers with competitive fees, lengthy lock times, and exceptional support throughout the home loan process.

“We are constantly striving to better serve our customers in communities throughout the Northwest, which includes making the home loan process easier for every one of our prospective home owners,” said Hayden Homes President Dennis Murphy. “Washington Trust Bank is an exceptional organization and a natural fit as a financial partner.”

Established in 2002 by Watson Enterprises, current Hayden Homes lender of choice Cornerstone Lending Group was principally focused onproviding financing for prospective Hayden Homeowners in Oregon and Washington. The migration from Cornerstone Lending Group to Washington Trust Bank will include an absorbtion of the Cornerstone brand to become one entityunder the Washington Trust umbrella.

About Hayden Homes: Hayden Homes has been building affordable, award-winning homes in Northwest communities for 25 years, making possible the dream of homeownership for more than 9,000 hardworking families since 1989. Driven to provide the highest quality home for the lowest possible cost and thereby building wealth for all involved, Hayden Homes proudly delivers zero-defect homes to the customer in a professional and curteous manner.

About Washington Trust Bank: Washington Trust Bank is the largest independently owned full-service commercial bank in the Northwest serving the region since 1902. A wholly owned subsidiary of WTB Financial Corporation, Washington Trust Bank has assets exceeding $4 billion. The bank is headquartered in Spokane, WA and currently has 43 branches and offices in Idaho, Oregon, and Washington.